Consider the following statements regarding “New Swarnima Scheme”: 1. It is a term loan scheme for sc, st and obc women. 2. The maximum loan amount under the scheme is 10 lakhs. Which of the statements given above is/are correct? |ForumIAS

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: D

Notes:

Explanation: New Swarnima Scheme its aim is to inculcate the spirit of self-dependence among the women of Backward Classes under term loan.

Eligibility – Women belonging to Backward Classes having annual family income less than Rs.3 lakh.
Maximum Loan Amount – Rs. 2 Lakh (per beneficiary).

Source: FORUMIAS